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AXA Financial Trades 787 Seventh Tower to CalPERS for $1.9 Billion

Nation's Largest Pension Fund Closes Purchase of 1.7-Million-Sq-Ft Tower, Its Largest Single-Property Acquisition to Date
CoStar News
February 10, 2016 | 9:14 P.M.

In one of the priciest trades of a New York City skyscraper on record, California pension fund CalPERS has purchased the 1.7 million-square-foot Equitable Center building at 787 Seventh Ave., from AXA Financial for $1.93 billion.

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News | AXA Financial Trades 787 Seventh Tower to CalPERS for $1.9 Billion